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Germany to hold onto Commerzbank stake as lender aims for independence

Germany will not sell any more shares in Commerzbank for now and the bank's strategy is "geared towards independence," the country's Finance Agency said on Friday, in the clearest sign yet that the government doesn't currently favour a takeover of the nation's No.

The Wall Street Journal on MSN · 1h

Germany to Keep Commerzbank Shares After UniCredit Takes Stake

The government said it won’t offload any additional shares in the bank following the sale to UniCredit for €702 million. The move marks an U-turn for the government.

YAHOO!Finance · 42m

German government does not want to sell any more Commerzbank shares

Following an expression of interest in Germany's Commerzbank by Italy's UniCredit, the German government does not want to sell any more of its Commerzbank shares for the time being. The decision was made by the steering committee in Berlin,

UniCredit, Commerzbank

The Financial Times · 1d

Berlin ‘very sceptical’ about UniCredit move on Commerzbank

Another person with direct knowledge of the matter said UniCredit’s “assault” on Commerzbank was perceived in Berlin as an “unfriendly act.” The person added it was “nonsensical” for UniCredit’s chief executive Andrea Orcel to argue the German government welcomed his bid.

Bloomberg L.P. · 1d

UniCredit Should Move Soon on Commerzbank, JPMorgan Analysts Say

UniCredit SpA should act quickly if it wants to be successful in a potential acquisition of Commerzbank AG, according to analysts at JPMorgan Chase & Co.

CNBC on MSN · 1d

What buying Commerzbank would mean for UniCredit — and the banking sector

Analysts have welcomed the move by UniCredit, particularly because a tie-up between the two banks might spur more M&A activity in Europe's banking sector.

Gobierno alemán no venderá más acciones de Commerzbank por ahora

El gobierno alemán decidió no vender más acciones de Commerzbank AG por el momento. “En su reunión del 20 de septiembre, el ...

Germany Halts Commerzbank Share Sales to Block Any UniCredit Bid

The German government won’t sell any more shares in Commerzbank AG for now, the strongest signal yet that Berlin is opposed ...

1dIn Depth

Explainer: ECB's role in any UniCredit and Commerzbank combination

UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to ...

10h

Commerzbank Reverse Takeover Option Could Address Some Issues -- Market Talk

A reverse takeover of Commerzbank, through which it would buy UniCredit's German unit HypoVereinsbank--making the Italian lender its largest shareholder--would tick a number of boxes, RBC Capital ...

Commerzbank Labor Representative Sees Two-Thirds of Jobs at Risk

Commerzbank AG’s labor representatives are “bitterly determined” to prevent a merger with Italian rival UniCredit SpA, ...

23hon MSN

Commerzbank to provide bitcoin, ether trading to German corporate clients

Commerzbank (OTCPK:CRZBF) (OTCPK:CRZBY) is offering bitcoin (BTC-USD) and ether (ETH-USD) trading to its existing corporate ...

UniCredit has Germany's trust, won't go hostile on Commerzbank, CEO says

UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO ...

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